Keep your old Toyota RAV4 or switch to a RAV4 Prime?

Should I keep my 2012 Toyota RAV4 Sport for a few more years or buy a RAV4 Prime to take advantage of the discounts?

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Hello Ann,

First I have to tell you that if you are happy with your current RAV4, the idea of ​​keeping it for a few more years will save you a lot of money. Not only does this vehicle still have an excellent market value (between $ 11,000 and $ 13,000), but its depreciation over the next few years will only be symbolic. Not to mention that maintenance costs will remain very reasonable.

Obviously, getting a Toyota RAV4 Prime today to take advantage of the $ 13,000 government credit would also be a great option, especially if you are able to finance the vehicle yourself. Because let’s not forget that this model is currently in very high demand and that the waiting times are excessively long. This is what explains a financing and leasing rate by Toyota as high as 6.19%.

Would the ideal solution for you then be to place your name on a waiting list that could be as long as two years, giving a refundable deposit of a few hundred dollars, so as to see at the time of availability if the offer? still interests you? In my opinion, of course it does. This would allow you to make your current RAV4 even more profitable, to see how the market is evolving, and perhaps discover other even more interesting vehicles by then.

However, there is no guarantee that the full government credit of $ 13,000 will still be available at this time. Now be sure that if Toyota loses this advantage, both the prices and the financing incentives will be revised.